Perry real estate - Study guides, Class notes & Summaries

PERRY REAL ESTATE COLLEGE FINAL EXAM |100 QUESTIONS| WITH COMPLETE SOLUTIONS!!

Perry Real Estate College Final Exam Questions and Answers 100% Correct.

PERRY REAL ESTATE COLLEGE FINAL

PERRY REAL ESTATE COLLEGE - NATIONAL PRACTICE TESTS 6-10 (PRE-LICENSING COURSE, NATIONAL EXAM PREP EBOOK) QUESTIONS WITH COMPLETE ANSWERS GRADED A+

PERRY REAL ESTATE COLLEGE FINAL EXAM

All the following would be acceptable as evidence of marketable title EXCEPT A property owner's warranty deed An abstract and legal opinion Torrens certificate A title insurance policy - ️️A property owner's warranty deed The grantor retains an interest in the ownership. - ️️The grantor's warranties are limited to the time the grantor owned the property. A joint tenancy with right of survivorship may be created automatically if the property is distributed to the survivin...

Improvement - ️️any artificial thing attached on or below ground, such as a building, fence, water line or sewer pipe, as well as growing things that are made part of the landscaping. Agency coupled with an interest - ️️Broker agrees to provide financing for condo being constructed with exclusive right to sell the units Special Purpose Real Estate - ️️churches, schools, cemeteries, and governmentheld lands Propriety lease - ️️the lease given to shareholders in a cooperative...

PERRY REAL ESTATE FINAL EXAM QUESTIONS AND ANSWERS

All of the following are associated with a 1031 tax exchange except 1. Like kind 2. Boot 3. Qualified intermediary 4. The elimination capital gains taxes - ️️4 On March 7 a buyer and a seller execute a contract for the purchase of the sellers property. Closing is set for June 10. On April 15 the property is struck by lightning and destroyed by the resulting fire. If the uniform vendor and purchase or risk act has been adopted by the state in which the property is located, which party...

PERRY REAL ESTATE FINAL EXAM QUESTIONS & ANSWERS SOLVED 100% CORRECT!!